Business

Cebu Pacific passengers are in for a special treat as the Philippines’ leading airline launches its “March Pinabongga” month-long seat sale in celebration of its 27th anniversary. From 10 a.m. on March 1 until March 31, CEB travelers can book their flights and fly right away across the airline’s widest domestic network for as low as P199 one-way base fare, …

The Bangko Sentral ng Pilipinas (BSP) forecasts February 2023 inflation rate at range of 8.5 to 9.3 percent, citing the upside risks from higher prices of cooking gas. In a statement on Tuesday, the central bank said elevated prices of key food items, such as pork, fish, egg and sugar, are also expected the additional drivers of the rate of …

The Tourism Infrastructure and Enterprise Zone Authority (TIEZA), in partnership with MyEG PHILIPPINES, INC. (MyEG PH), officially launches today the Online Travel Tax Services System (OTTSS), providing traveling citizens with more than 90,000 options to pay for their travel tax nationwide.  This comes after TIEZA’s Chief Operating Officer, Mark Lapid signed the Memorandum of Agreement (MOA) with MyEG PH Chief Executive Officer, Ann …

Globe’s Hapag Movement has raised over P13.5 million worth of donations to combat involuntary hunger in the country since its launch in 2022, as the digital solutions platform urged customers anew to support the advocacy as millions of Filipino families still struggle to afford proper meals.  Contributions to the cause accelerated during Globe’s on-ground events including the annual 917 GDay …

They say charity begins at “home.”  MR.D.I.Y., the nation’s favorite family and home improvement one-stop shop retailer, affirmed its commitment to serve and spread goodwill to its communities this year with the inclusion of two major partners under its umbrella corporate social responsibility (CSR) program, the MR.D.I.Y. A-OK (Acts of Kindness) campaign during a media luncheon at Myons Cuisine, Quezon …

Without a doubt, the hotel industry is at the forefront of commercial trades with a high level of service and an eye for detail. Faced with the daily pressures to conduct seamless events and thoughtful experiences, Cleofe Albiso, the Managing Director of the Philippines’ largest hospitality management chain says, “Megaworld Hotels and Resorts continues to invest on its people and …

Metro Pacific Investments Corporation’s (MPIC) mWell gains its spot as among the best players in the digital world as it bags the highly- coveted 2023 Global Mobile Awards (GLOMO) Best Mobile Innovation for Digital Life Award, Digital Everything Category, in the Mobile World Congress, Barcelona Spain. This prestigious accolade, judged by the mobile industry’s most prominent experts, affirms mWell’s position …

Leading Philippine fiber internet provider Converge ICT Solutions Inc. (PSE: CNVRG) has inaugurated the site for its cable landing station (CLS) in Davao for the Philippine branch of the Bifrost Cable System, which will deliver much-needed internet capacity, redundancy, and reliability between the Asia-Pacific region and North America.  “Today, we are breaking ground on a significant infrastructure that will bring …

State-run Land Bank of the Philippines (LANDBANK) continues to pour significant financial support to the agriculture sector, with outstanding loans reaching P261.7 billion as of 31 December 2022 for a 5.5% year-on-year growth from P247.9 billion in 2021. LANDBANK’s outstanding loans to the agriculture sector likewise sustained its upward trajectory with an average growth rate of 10.4% from 2012 to …

Every fourth business executive in Southeast Asia (SEA) prefers not to flag lack of understanding when discussing cybersecurity issues. A recent Kaspersky study also reveals one in ten C-level managers have never heard of threats such as Botnet, APT and Zero-Day exploit. The same proportion appeared to be unfamiliar with cyber security concepts like DecSecOps, ZeroTrust, SOC and Pentesting. According …